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Go where the jobs are

Twenty percent of the developed world's employment could be affected by global outsourcing, according to a new study by the Organization for Economic Cooperation and Development, as reported in the New York Times. These are not just the sorts of jobs we've already heard about -- customer service, radiologists, accountants and programmers -- but also librarians, statisticians, chemical engineers and even air traffic controllers.

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Heretofore, large corporations have been the major outsourcers. For example, the Times reported that IBM is laying off 13,000 U.S. and European employees and hiring 14,000 in India. But it's not just the large corporations anymore. The Times reports that a growing number of mom-and-pop operations are turning to places such as Sri Lanka, China, Mexico and Eastern Europe to make clothes, jewelry and software.

But all is not lost for Americans. According to Joel Kotkin, author of Inc. magazine's "Best Places for Doing Business in America," more companies are also "homeshoring,""seeking workers and suppliers in smaller U.S. cities that aren't burdened by the exorbitant taxes, housing prices, labor costs and regulatory hurdles seen in many larger cities."

Inc.'s top-10 best places to do business in the United States: Reno, Nev.; Boise, Idaho; Casper, Wyo.; Green Bay, Wis.; Medford, Ore.; Riverside/San Bernardino, Calif.; Melbourne-Titusville-Palm Bay, Fla.; Missoula, Mont.; Fort Myers-Cape Coral, Fla.; and Jacksonville, Fla.

Florida, the state with the most cities on the Inc. list has created 250,000 new jobs in the last year. Warren May, spokesman for the state-run Agency for Workforce Innovation, says, "Professional and business services such as banking and insurance have been leading the jobs growth. And health-care services are right up there because of Florida's large senior population, and there has been a remarkable turnaround in manufacturing."

Florida's unemployment rate: 4.4 percent.

And Florida doesn't even have the nation's lowest rate. According to the Bureau of Labor Statistics, these states do: Wyoming (2.9 percent), Hawaii (3 percent), Virginia (3 percent), North Dakota (3.3 percent) and South Dakota (3.7 percent).

The Bureau of Labor Statistics provides support for the assertion that jobs are moving from the major cities. The cities reporting the highest percentage of job growth in the past 12 months: Yuma, Ariz. (+10.8 percent); St. George, Utah (+9.6 percent); Las Vegas/Paradise, Nev. (+7.4 percent); Coeur d'Alene, Idaho (+6.9 percent); Blacksburg-Christiansberg-Radford, Va. (+6.4 percent); and Mount Vernon-Anacortes, Wash. (+5.8 percent). Among large cities, the worst performer was Detroit (-1.1 percent).

Of course, even if you move to a hot spot, the job market will be stronger in certain fields. Here are the nationwide biggies:

My favorite: government jobs. Increasingly, private sector firms downsize "permanent" employees and hire temps, contract workers or off-shore employees. Today, government is among the last bastions of job security and full benefits. Despite government's perennial cry of budget woes, government continues to be the nation's largest employer and continues to hire in great quantities. As of this writing, 18,804 federal openings are listed on www.usajobs.opm.gov. An additional 10,000 federal openings are posted on individual agency Web sites, and state and local government Web sites post thousands of additional jobs.

According to the Office of Personnel Management, professional federal openings are likely to be particularly plentiful in:

  • Security. (37,505 new hires expected in 2005-2006): This category includes such positions as fraud investigators, disaster recovery specialists and food-supply inspectors.
  • Medical and public health. (25,756 new hires): This group includes physicians, physician's assistants, nurses, pharmacists, medical technologists and respiratory therapists.
  • Science. (23,806 new hires): This category includes engineers, microbiologists, botanists, physicists, astronomers and veterinary specialists.
  • Program Management and Administration. (17,373 new hires)
  • Accounting, Budget, and Business. (12,959 new hires): The Internal Revenue Service is driving growth in this category as it steps up enforcement.

Don't think you need to move to D.C. for a federal job. Most are scattered around the country and a surprising number are overseas.

In the private sector, hiring is especially strong in:

Computer programming: especially in computer security, mobile (cell phones and PDAs), component engineering and in specialized analysis and programming, for example, in SAP or Oracle.

Accounting: especially if you have Sarbanes-Oxley experience. That anti-fraud law has become a full-employment act for accountants. Experienced cost accountants, junior-level financial and business analysts and senior accountants with degrees are all in demand.

Health care: especially registered nurses, pathologists and other allied health careers such as diagnostic imaging and cardiac testing.

Blue-collar jobs: The decades-long push to encourage more students to attend college has made many people feel that blue-collar work is to be shunned. That has created shortages in high-paying, nonoffshoreable careers such electricians, auto or truck mechanics and even manufacturing. A study by the National Association of Manufacturers showed that even during the recent recession, 80 percent of manufacturers had a moderate-to-serious shortage of workers. The group predicts that manufacturers will need up to 10 million new skilled workers by 2020.

According to the Department of Labor, salaries for medical equipment technicians have risen 36 percent between 2003 and 2004.

Sales: Sales and administrative positions in financial service firms such as banks and mutual fund companies.

Any job serving Latinos. Rampant immigration and a birthrate double that of whites and Asians is creating many opportunities for people who speak Spanish. Jobs are especially plentiful in the fields of education, health care and criminal justice.

Advice I'd give my child
Unless you're desperate, hold out for a job you want in a locale you want, even if not in hot areas. Only after a year of serious job searching should you consider compromising.

Bankrate.com's corrections policy
-- Posted: July 5, 2005
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